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Post by RainbowUnicorn on Feb 27, 2022 13:13:45 GMT -5
The daily emotional chatter, and/or bloviation, on here, and other investment/news web boards, can be wearing and troubling. This is part and parcel of the stock market. A trade involves both a buyer and seller, acting on imperfect information. Each sure he is doing best. The retail investor has a voice with electronic "communications". This voice is free to be right, or wrong. Therein lies the issue of valuing the key strokes being shared. The meme traders tend to be impatient, looking for "right now" rewards. Vetting the entirety of posters is near impossible. You need to find ones with core competencies that you can put faith in. The reality is that MNKD stock has a 50% +/- ownership by institutions. They are not rushing the doors, or selling off major positions. They have dedicated research and analysis departments. Departments relying on performance for recognition and compensation. investors.mannkindcorp.com/stock-information/ownership-profileBlackRock, one of the largest Investment/Financial institutional entities in the world, is also one of the largest institutional investors in MNKD. PERIOD. www.blackrock.com/corporate/literature/publication/blk-awards-and-recognition-web.pdf PERIOD. |
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Post by uvula on Feb 28, 2022 9:55:23 GMT -5
Was that emotional chatter or bloviation?
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Post by RainbowUnicorn on Feb 28, 2022 12:54:13 GMT -5
Was that emotional chatter or bloviation? Pretty much straight up objective. Not the more common, subjective, blathering... |
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Post by mnkdfann on Feb 28, 2022 15:09:34 GMT -5
The reality is that MNKD stock has a 50% +/- ownership by institutions. They are not rushing the doors, or selling off major positions. They have dedicated research and analysis departments. Departments relying on performance for recognition and compensation. investors.mannkindcorp.com/stock-information/ownership-profileAs so many have pointed out here in the past, institutional ownership via index fund ETFs and the like doesn't really count for much. If you don't understand that, ask, and maybe a more patient poster than I will explain. |
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Post by RainbowUnicorn on Feb 28, 2022 16:35:02 GMT -5
The reality is that MNKD stock has a 50% +/- ownership by institutions. They are not rushing the doors, or selling off major positions. They have dedicated research and analysis departments. Departments relying on performance for recognition and compensation. investors.mannkindcorp.com/stock-information/ownership-profileAs so many have pointed out here in the past, institutional ownership via index fund ETFs and the like doesn't really count for much. If you don't understand that, ask, and maybe a more patient poster than I will explain. This is your opinion, anecdotal, or the definitive statement? Should I search the HBR or similar economic/business periodicals for confirmation? |
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Post by nylefty on Feb 28, 2022 19:43:23 GMT -5
As so many have pointed out here in the past, institutional ownership via index fund ETFs and the like doesn't really count for much. If you don't understand that, ask, and maybe a more patient poster than I will explain. This is your opinion, anecdotal, or the definitive statement? Should I search the HBR or similar economic/business periodicals for confirmation? Matt, a member who stopped posting on this board some time ago, explained this years ago, mnkd.proboards.com/post/69309 |
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Post by cretin11 on Feb 28, 2022 20:11:49 GMT -5
Impressive research of the board archives.
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Post by peppy on Feb 28, 2022 21:14:17 GMT -5
Impressive research of the board archives. if a person were to keep looking or searching Matt's posts, the months and year Matt predicted MNKD would go bankrupt could be found. Both Matt and agedhippie left the board after the UTHR deal. Matt's market knowledge superior. He knew all the books and were the words were located. Then came the day, Matt talked about intubation. |
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Post by peppy on Feb 28, 2022 21:40:12 GMT -5
This is your opinion, anecdotal, or the definitive statement? Should I search the HBR or similar economic/business periodicals for confirmation? Matt, a member who stopped posting on this board some time ago, explained this years ago, mnkd.proboards.com/post/69309"The so-called "institutional investment" numbers can be extremely misleading if you don't understand the regulatory framework. Any company that falls under the Investment Act of 1940 has to file quarterly reports detailing their holdings, and that includes a whole host of mutual funds, insurance companies, brokerages, and other financial intermediaries. A company, like Goldman, who has many different funds and subsidiaries is allowed to aggregate their numbers for reporting purposes. As someone noted above, some individuals maintain brokerage accounts with Goldman and, while all investment decisions are taken by the individuals. if the securities are held in street name Goldman must report the holding as their own. Similarly, Goldman manages pension funds for some corporations and maintains index funds for investors. So long as MNKD is part of any of the indicies, then Goldman must hold the number of shares that corresponds to MNKD's relative value (i.e. if there is a NASDAQ fund where MNKD is 0.05% of the total NASDAQ capitalization, then every NASDAQ index fund will hold 0.05% of their assets in MNKD stock). Most of what you see as institutional ownership is driven by index funds where the fund manager is just mimicking the asset allocations seen in the market. A computer decides on all the trades following an algorithm with no human input whatsoever. There are of course strategic investment funds where somebody with deep expertise in the field makes conscious decisions to invest. Actively managed biotech funds will often employ physicians and PhD scientists to dig into the technology and market dynamics (much like a venture capital firm), and those investments might be indicative of where the "smart money" is headed. However, to understand that dynamic you need to learn the investment criteria, track record, and professional staffing of each fund and that is a huge task. Suffice it to say that any of the major funds (Goldman, Fidelity (FMR), Blackstone, State Street, etc.) are all a very mixed bag of investment vehicles with very different strategies and investors. It is worse than comparing apples and oranges; it is more like comparing apples to a fruit cocktail. Also keep in mind that 13F filings look backwards; they are a snapshot of the holdings on the last day of the quarter and the reports are not due until 45 days after quarter end. Until this last batch of 13F filings, the institutional ownership numbers were those of December 31. So depending on the calendar the reports are always out of date by least 6 weeks and can be as much as 19 weeks old; that is a long time in a fast moving biotech market. You don't drive your car down the highway looking into the rearview mirror and you shouldn't take investment cues from stale institutional data either." ===================================================================================== They shorted the hell out of MNKD. Afrezza had no health insurance coverage and they knew it. I have always found it funny when it is said, there, "fixed it for him." |
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Post by RainbowUnicorn on Feb 28, 2022 22:19:23 GMT -5
I'm gobsmacked.
How can so many universities, institutes, organizations, researchers, analysts, et al not know that the holdings of institutional investors can't be known, verified, relied upon, and/or put to paper.
Google - institutional stock ownership; therein lies the hoards of uniformed.
How can so many ignorant, uniformed, entities get published?
Yet the answer was always available on Proboards. With this knowledge why would anyone refer to institutional stock ownership again?
My bad.
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Post by peppy on Feb 28, 2022 22:43:06 GMT -5
I'm gobsmacked. How can so many universities, institutes, organizations, researchers, analysts, et al not know that the holdings of institutional investors can't be known, verified, relied upon, and/or put to paper. Google - institutional stock ownership; therein lies the hoards of uniformed. How can so many ignorant, uniformed, entities get published? Yet the answer was always available on Proboards. With this knowledge why would anyone refer to institutional stock ownership again? My bad. gobsmacked. is a good word. Using afrezza, the person can eat whatever they want, when ever they want. 15 min onset, 35 min peak, 90 mins to baseline. Follow up doses as needed. It has been a learning experience that sometimes human beings fight what is front of our eyes. although I did know about Hertz and AVIS. I believe this user uses 4 u cartridges and does follow up 4 unit cartridges, from memory.  |
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Post by cretin11 on Feb 28, 2022 22:53:41 GMT -5
This board never fails to entertain!
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Post by peppy on Feb 28, 2022 22:57:00 GMT -5
This board never fails to entertain! I think that is why Matt hung out here. The entertainment. Plus Matt could be heard here. My theory, Matt was a hedge fund manager and he held a M.D. What brains. also, reports that Matt had personal conversations with board members urging them to sell. Kball. |
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Post by cretin11 on Mar 1, 2022 11:25:12 GMT -5
This board never fails to entertain! I think that is why Matt hung out here. The entertainment. Plus Matt could be heard here. My theory, Matt was a hedge fund manager and he held a M.D. What brains. also, reports that Matt had personal conversations with board members urging them to sell. Kball. Looks like he knew what he was talking about. Would like to get his take on things now. |
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Post by mango on Mar 1, 2022 13:34:52 GMT -5
matt quit posting the same time United Therapeutics filed and paid $105 million dollars for the Priority Review Voucher for Tyvaso DPI. Coincidence? Matt often liked to talk about bankruptcy. matt also privately messaged members of this board urging/persuading them to sell their MNKD shares, as peppy mentioned earlier. MannKind is flushed with cash at the moment, and it’s future looks very bright indeed.
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